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Stellantis & General Motors (GM) Announce A Share Buyback Transaction:

redriderbob

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Stellantis & General Motors (GM) Announce A Share Buyback Transaction:​

Regards The Opel/Vauxhall Brands...​


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Stellantis and General Motors Holdings LLC, a subsidiary of General Motors Company (“GM”), have entered into a share repurchase agreement relating to 69.1 million Stellantis common stock, representing approximately 2.2% of Stellantis capital on a diluted basis, which GM is entitled to receive following the exercise of the warrants (the “Warrants”) originally issued by Peugeot SA (“PSA”) in favor of GM in 2017.

 

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